ADMS 4570 Lecture Notes - Lecture 4: Swot Analysis

71 views4 pages

Document Summary

Management control- a tool management can use to help achieve objectives by making employees do what must be done. Aligns objectives with employees benefits- motivate them, encourage, etc. Benefit- i. ) get done what management wants done. Allow employees to be encourage to achieve goals. 1- objective- what they want to focus on- phones, laptops. 2- strategy formulation- ex- how to use r&d department, how to use resources- how to achieve objectives0. 3- management control- once objective and strategy is made then. Management control is implemented- ensure people are working towards their goals. Objectives are necessary to be successful- you know what you want to do. Objective setting to see how employees are performing to analyze the progress the organization is making. Strategy formulation: select all sorts of objectives, strategies are implemented to help organizations allocate their resources efficiently, strategies align the organizations objectives with what is required from employees. 1- questions are not always a (cid:498)yes(cid:499) i. )

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

Related Questions